iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) Short Interest Update

iShares Currency Hedged MSCI Japan ETF (NYSEARCA:HEWJ) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 85,907 shares, a growth of 178.6% from the March 15th total of 30,831 shares. Based on an average daily volume of 99,245 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.7% of the company’s stock are short sold.

iShares Currency Hedged MSCI Japan ETF Stock Up 0.1%

Shares of NYSEARCA HEWJ traded up $0.07 during midday trading on Monday, hitting $59.05. The stock had a trading volume of 36,345 shares, compared to its average volume of 211,076. The business’s 50 day moving average is $57.70 and its 200-day moving average is $54.80. iShares Currency Hedged MSCI Japan ETF has a 52 week low of $38.40 and a 52 week high of $60.94. The company has a market cap of $732.22 million, a P/E ratio of 13.45 and a beta of 0.46.

Institutional Investors Weigh In On iShares Currency Hedged MSCI Japan ETF

Several institutional investors have recently modified their holdings of the business. Arkadios Wealth Advisors boosted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 10.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,935 shares of the company’s stock valued at $243,000 after acquiring an additional 453 shares during the last quarter. Murphy & Mullick Capital Management Corp raised its stake in iShares Currency Hedged MSCI Japan ETF by 43.6% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 1,179 shares of the company’s stock valued at $61,000 after buying an additional 358 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Currency Hedged MSCI Japan ETF by 7,286.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 155,119 shares of the company’s stock valued at $7,642,000 after buying an additional 153,019 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth $379,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of iShares Currency Hedged MSCI Japan ETF in the third quarter worth $5,570,000.

About iShares Currency Hedged MSCI Japan ETF

The iShares Currency Hedged MSCI Japan ETF (HEWJ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap Japanese stocks, while fully hedging out its exposure to the yen relative to the US dollar. HEWJ was launched on Jan 31, 2014 and is managed by BlackRock.